Dig deeper than the mainstream headlines to see where the stock market is really at — and where the true stock opportunities lie. Discover the latest insights on global and Australian share markets right here...so that you can buy, sell and trade shares, with minimal loss and for maximum profits.

Leverage the expertise of our financial analysts, to invest in everything from blue chips and small caps, to dividends, tech stocks, mining shares, bonds and more... to help grow your wisdom and your wealth.

Dividend shares can grow your wealth in both an up and down market. But not all dividend stocks are the same. Learn about the kind of dividends that can bring you a stream of income, for years to come.

Our financial analysts bring you investment ideas that can help keep you ahead of the game and assist you in making profitable investment decisions now…and in the years to come. Discover investment opportunities that the mainstream advisors and the majority of investors either overlook or just simply don’t know about…until it’s too late to act.

Learn about important investment strategies that few others know about. Investing insights that could introduce you to some of the most profitable investment opportunities in Australia...and around the world.

Our investment editors have identified unique investment opportunities that are flying under the radar of mainstream financial analysts. They are investment ideas that could make you rich, protect your wealth — or both. Click here for more.

Volatility will keep presenting investment opportunities in the mining and resources sector. But how do you know where to look? Our market analysts investigate global and Australian resource opportunities that could drive the next bull market in commodities. But most importantly, they’ll try and let you in on these insights before they become the next ‘missed opportunity’ of the investment mainstream.

Arguably two of the most important commodities to monitor — nothing quite sends world market into a flurry like the oil and gas price. To see which oil and gas stocks are worth watching, and potentially investing in, go here...

It’s been one of Australia’s biggest exports and one of the biggest money-makers for the Aussie economy. But can iron ore stocks still make money for you...or is the dream run about to end? Find out here...

Rare in demand and in short supply; gold, silver, palladium and platinum are considered the world’s most precious metals. But is the price and conditions right to invest in one – or all of these wealth preservers? Go here to find out...

Something the world will always need and consume is energy. So investing in energy stocks is a worthwhile addition to your portfolio. Go here to learn which energy sectors to watch, and those you may wish to put money into.

One of the best ways you can preserve your wealth is by investing in gold and silver bullion. Likewise, one of the best ways you can skyrocket your portfolio is to invest in silver and gold stocks. But the price of gold and silver are both prone to market swings, so having expert insight into these markets is invaluable. You’ll find such insights right here.

Gold’s poorer cousin – or is it? Whilst the silver market is highly volatile, this means you can also buy silver at a bargain when the silver price dips. For more on investing in silver and silver stocks, go here…

Looking to invest in these precious metals, but don’t know where to start? This guide to buying gold and silver will show you what you need to do, what to look out for, and when could be the best time to buy for profit.

Property bubbles have helped cause many of the major financial crises happening in the world right now. Uncover a real world view of the current property market and discover some of the best ways you can secure your wealth, in a rising or falling real estate market.

The Aussie house price boom could well be at an end, and the housing bubble about to pop. Learn the truth about the Australian housing market right here — and what you can do to protect your wealth from falling Australian house prices.

Uncover invaluable insights on global real estate markets around the world — including everything from struggling housing markets...to off-the-radar residential and commercial investment opportunities that you won’t have heard about. Go here for more...

Property investments don’t have to cost you your life savings — nor should they commit you to a lifetime of debt. Learn how you could beat regular property market returns, by investing a fraction of the usual outlay, here...

Make no mistake, the financial system is unravelling. Much of it is out of your control, but there is hope. We don’t claim to have all the answers, but we can let you know which factors affect your wealth the most. Plus, provide you with informed suggestions as to which investments could best shelter and grow your wealth in these turbulent times.

Currency markets affect everything, so it pays to follow currency moves carefully. Learn how a rise or fall in the Aussie dollar can affect your portfolio. Plus, discover the financial markets to take advantage of when major currencies like the US dollar, Euro, Yuan and Yen shift in value.

Debt bubbles and credit crunches have decimated wealth, destroyed jobs and ruined families. And the current debt crisis is escalating at an alarming pace. So how can you protect and grow your wealth in a financial crisis? More on that here...

Learn how to defend your financial assets against the wealth destroying monetary policies of the RBA, the US Federal Reserve and the rest of the world’s central banks...and discover the best ways to make money in a high or low, interest rate environment.

China’s economy has been a powerhouse in recent years. But times are a changing and China, for better or worse, is a subject of heated debate. Are there investment opportunities to be still had from China, and how will they affect your wealth at home? Find out here.

The US economy is drowning under the weight of its public and private debt. But is it too soon to call the end of this financial, military and political empire? Only time will tell. Either way, you need to make sure your investments are on the right side of the trade.

The Eurozone is in a huge mess right now. Can it hold it together or will, one-by-one, member states leave the Euro and go at it on their own? More importantly, what consequences will this have for Australia and your investments? More on that here.

Don’t just follow the news on the global economy — get an inside peek into what’s happening in developed and emerging economies around the world – and what it could mean for your investments. Go here for more.

Today's emerging markets could be the powerhouse economies of tomorrow. Go here to find out which ones are most likely to influence the world markets in the near and long term, and discover the best ways to profit from their meteoric rise.

Trading Opinions Can Be Costly to Your Portfolio

I saw a great article in the Wall Street Journal a couple of months back. It revealed that times have been tough for those betting against the bull market.

The S&P 500 continued to break higher throughout 2017. And investors have been backing off bets that the major index is headed downward.

Bets against the SPDR S&P 500 exchange-traded fund, the largest ETF tracking the broad index, fell to its lowest level of short interest since May 2013.

The bearish investors say they are scaling back on bets against the index not because their view of the market has changed, but because it is difficult to stick to a money losing strategy.

And the shorting of individual companies is also going by the wayside, if data by Hedge Fund Research Incorporated is anything to go by. Short-biased hedge funds had $US4.3 billion in assets in March this year, well down from $7.1 billion at the end of 2013.

Now, there are a few things I can say about all this…

Markets won’t collapse when everyone is expecting them to.

Think of all the crises and market fears we’ve been through since 2009. The European debt crisis, the Russian financial crisis, deflation fears, concerns over rising rates, the oil slump, China’s collapse, and on it goes.

And remember the Royal Bank of Scotland’s call of a ‘cataclysmic year’, urging people to ‘sell everything’.

Markets climbed on every one of those worries. It’s just what markets do.

It’s only when everyone is fully invested, and there’s only blue skies ahead, that markets can collapse.

The other thing is that the charts are just not suggesting a collapse.

You might look to US housing related stocks as a bit of a leading indicator. If they were to break lower that might forewarn of an impending crisis. But the opposite is happening, and US homebuilding ETF’s are breaking higher.

The short sellers seem to be betting on an imminent recession. But, with US unemployment hovering around 16-year lows and UK unemployment at 42 year lows, it’s difficult to see where this recession will come from.

In essence, the investors and hedge fund managers shorting the market are trading on an opinion, or a story.

And the story goes something like, stocks can’t go higher, valuations are way too high, there’s too much debt and on it goes.

Let’s play devil’s advocate and assume they’re right. That recession is just around the corner and stocks are headed for a fall.

Even if they’re right about all this, you have to wait until the market confirms that view. Then you move with the market.

But the short sellers are trying to pre-empt things, or second guess the market. They think they’re right and the market is wrong. That’s not a profitable attitude to take.

The short sellers are trading against the trend and that’s not the way to make fast money. In fact, they’ve been losing money.

It is far more effective to trade with the trend and short stocks breaking lows from years past, rather than shorting stocks breaking higher.

Since the market low of 2009 the long term trend in most major market indexes has been up.

Never short a rising market.

Again, this shows that the majority of investors just guess, or get caught up following some story of the day.

Don’t trade opinions; yours or others.

Put aside all the stories and just follow the weight of money.

Ignore the supposedly knowledgeable ‘experts’ telling you that the world is going to collapse and just trade the chart.

If the trend is up, go with it until the chart says otherwise.

Trading stories can be costly, but trading the charts I’ve found can be profitable.

And that’s what we do at Money Morning Trader, we trade the charts and put aside all the noise.

When you study the charts you may come to realise that you know more about the direction of the economy than some of the highly paid fund managers.

If developing some chart reading ability is something that might interest you, go here to find out more.

Terence Duffy

Terence Duffy is an analyst and chartist, specialising in researching economic trends and cycles. His primary focus is housing and land affordability. But you can also depend on him to offer his unique analysis of stock market charts. As Terence will show you, the charts often forecast, well in advance, the good or bad news to come — which he details in Cycles, Trends and Forecasts

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Welcome to Money Morning

At Money Morning our aim is simple: to give you intelligent and enjoyable commentary on the most important stock market news and financial information of the day - and tell you how to profit from it. We know the best investments are often the hardest to find. So that's why we sift through mountains of reporting, research and data on your behalf, to present you with only the worthwhile opportunities to invest in.

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If there’s a growing industry with profits abound, hundreds of companies look to pile in. Just one slip-up might give competitors an edge to take a share of the market. That’s why most profitable companies see returns fade over time. Profits are competed away. The same is true for investors. They follow returns. Whether you invest passively or actively, following just one rule can keep you out of a world of trouble.

If there’s a growing industry with profits abound, hundreds of companies look to pile in. Just one slip-up might give competitors an edge to take a share of the market. That’s why most profitable companies see returns fade over time. Profits are competed away. The same is true for investors. They follow returns. Whether you invest passively or actively, following just one rule can keep you out of a world of trouble.

It was interesting to hear Trump’s new economic adviser Larry Kudlow, say on CNBC last week that he would ‘buy king dollar and sell gold, that’s the trade that I love’. All this spending is going on not at a cycle low when government largesse is most needed. No, it’s happening right at the tail end of a historically long expansion.

For quite some time now we’ve been told by economists and experts that the housing market will fall. When that’s supposed to happen? Nobody can say for sure. However, you have to consider that it may not happen at all.

It was interesting to hear Trump’s new economic adviser Larry Kudlow, say on CNBC last week that he would ‘buy king dollar and sell gold, that’s the trade that I love’. All this spending is going on not at a cycle low when government largesse is most needed. No, it’s happening right at the tail end of a historically long expansion.

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